bumidan on 31 July 2008
I forgot, the NET profit for Nintendo which is:
Revenue
Less
Cost of Sales
= Gross Margin
Less
Selling, Admin, Expenses
Less
Extraordinary items, taxes
= NET INCOME
This analysis only goes to gross margin.
NET INCOME in US$ - taking into account the average Exchange Rate (as per Nintendo's reports) for the Fiscal Year:
FY End Mar 07
NET income = $1.489 Billion
FY End Mar 08
NET income = $2.252 Billion
